Column : It is the growth after all
Just one figure says it all. The annual progress rate in improving the condition of living has accelerated to its fastest pace for India, in the decade of 2000-2010. This is the same period when India achieved its fastest rate of annual GDP growth. Along with India, the other nine countries whom the new HDI index classifies as the top movers are China, South Korea, Malaysia, Indonesia and Vietnam. The top of the class is Oman, which, as the report says, “invested energy earnings over the decades in education and public health”.
But to understand stories of larger countries like India better the annual HDI report should learn from the World Bank-IFC Doing Business report, also released on Thursday.
India, otherwise, cannot be read as a one cover story. The IFC report has recognised the challenge and disaggregated the India story into city specific tales. There is a world of difference in the pace at which business moves in Hyderabad, Jaipur or Ahmedabad, comparable with some of the best practices in the world, from Lucknow, Kolkata or Guwahati.
The India HDI story should be equally varied. Else it gives no larger understanding when looked at on one national scale. Indeed, the success of the recent initiatives state captains are taking for
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